In-House Seminars - Course Description
"Controlling Construction Costs"
On many construction projects, hidden overcharges by prime contractors or subcontractors can easily total 1% to 2% of the project costs.
Cost overruns of 50% and more can result when owners and their respresentatives disregard key control concepts. In poorly controlled construction environments, fraud, waste and abuse contribute to even greater losses.
Learn How To:
- Prevent and detect construction overcharges
- More effectively administer construction contracts
- Plan your construction contract strategy to complement your control system to receive the most value for your construction dollar.
- As the right questions.
- Stregthen controls to reduce opportunity for fraud, conflicts of interest and kickbacks.
"Controlling Construction Costs" helps you understand the nature of change orders and contractor claims, and provides approaches to controlling them. It shows how to impact construction costs through building control considerations into bid documents and contract language.
Who should attend: This course is specifically designed for Owner's representatives responsible for managing construction contracts. The information presented will benefit construction managers, project managers, engineers, architects, contract administrators, construction cost analysts, real estate and facilities managers, controllers, accountants and auditors. The course is intended for project owner personnel rather than construction contractor representatives.
Course Offering Information
Course Outline
